The Society for Financial Studies is pleased to announce that the host of Cavalcade 2016 will be the Rotman School of Management at the University of Toronto. Congratulations to Rotman on their winning bid!

The December issue of RAPS has now published online. View the issue here and check out the Editor’s Choice article, “Rating-Based Investment Practices and Bond Market Segmentation,” by Zhihua Chen, Aziz A. Lookman, Norman Schürhoff, and Duane J. Seppi here for free!

Authors Chen Xue, Kewei Hou, and Lu Zhang are featured on the Oxford University Press blog in a post titled, “A new benchmark model for estimating expected stock returns,” based on their paper, “Digesting Anomalies: An Investment Approach,” which is forthcoming in RFS. To accompany the post, we’ve made the paper free to read online! Check out the blog post here and read the paper here.